[Resolved]  Citibank — OTS settlement -reg

Due to heavy loss I have closed my business in the year 2002 and at the time of closing the firm my citibank card overdue payment is Rs.35, 000.00, Now I am interested to settle the above outstanding amount of Rs.35, 000.00 only as OTS, in this regard I have sent a mail to Citibank, Chennai but they said to accept 1 Crore an something inclusive of INT and other charges.

Please note that from that date of closed my firm I am working as a merchandiser in one of the Knitwear export company in Tirupur and the present salary is only sufficient for running my family expenses. In this situation I have deciced to arrange to barrow the money from my MD personally and settle this account.

Please how and where I can approch for settele my overdue amount with CITIBANK


Look forward to your valuable reply by rtn.

Brgds/P.Balasubramaniam